510 Northwest Geary Street

Canyonville, OR 97417

$350,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This duplex offers a phenomenal opportunity to own an income-producing property in close proximity to Seven Feathers! The estimated cap rate is 8%. The building was fully remodeled in 2021 and had a new HVAC system and fencing installed in 2023. It has a strong rental record and would be an excellent addition to any portfolio or as a place to live while having the mortgage paid for!This duplex offers a phenomenal opportunity to own an income-producing property in close proximity to Seven Feathers! The estimated cap rate is 8%. The building was fully remodeled in 2021 and had a new HVAC system and fencing installed in 2023. It has a strong rental record and would be an excellent addition to any portfolio or as a place to live while having the mortgage paid for!
  1. Listed by David Bolhuis • Oregon Life Homes • 503-332-7949

Property Details for 510 Northwest Geary Street

Parking Features
Driveway
Zoning
R-1
LISTING UPDATED: 12/14/2024 12:26 AM

Property Details for 510 Northwest Geary Street

StatusActive
MLS #24200981
Days on Market47
Taxes$4,166 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1950
Lot Size0.45 AC / 19,602 SF
CountyDouglas County

Building Information for 510 Northwest Geary Street

Stories1Residences2Year Built1950Building Size-Lot Size0.45 AC / 19,602 SF

Property Information for 510 Northwest Geary Street

Summary
Location and General Information
  • Country: US
  • Directions: Exit 108, Right on Canyonville-Riddle Rd, Right on NW Leland, Left on Geary
  • Road Surface: Gravel, Paved
School Information
  • Elementary School: Canyonville
  • High School: South Umpqua
  • High School 2: Days Creek
  • Middle Or Junior School: Canyonville
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $4,165.57
  • Parcel Number: R37670
  • Tax Legal Description: ANDERSONS ADD, BLOCK 2, LOT PTS 1 & 2 (M&B INST 2022-16888 LOT B)
Property
Lot Information
  • Acres: 0.45
  • Lot Description: Corner Lot
  • Lot Size Square Feet: 19602.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1950
Utilities
  • Cooling Description: Heat Pump
  • Fuel Description: Electricity, Gas
  • Heating Description: Ductless
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Board Batten Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
  • Stories: 1
Amenities
Amenities Information
  • Internet Service Type: Cable, Fiber Optics
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $14,400.00
  • Gross Rent Multiplier: $24.31
  • Investor Information: According To Owner, Rent Records, Tax Returns Available
  • Net Income Actual: $1,288.00
  • Operating Expense: $1,512.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 1 Rent: $1,200
  • Unit Type 1 SqFt: 1000.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $0
  • Unit Type 2 SqFt: 2500.0
  • Unit Type 2 Units Total: 1

Property History for 510 Northwest Geary Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 510 Northwest Geary Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,458 ($372 / month)
Home Facts
Total Finished SqFt3,640 SqFtAbove Grade Finished SqFt3,640 SqFtLot Size19,602 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950Year Renovated2000CountyDOUGLASAPN30-05W-27CC-06100

Schools near 510 Northwest Geary Street

This home is within South Umpqua School District 19.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - PK to 5
Public - K to 12
Rating
School
Distance
Canyonville School
PublicK to 8

South Umpqua High School
Public9 to 12

Tri City Elementary School
PublicPK to 5

South Umpqua Online Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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510 Northwest Geary Street is a multi-family home for sale in Canyonville, OR 97417. This property was listed for sale on November 8, 2024 by Oregon Life Homes, it's currently listed at $350,000. It has been on the market for a total of 47 days and was last sold on August 28, 2023. This listing's school district is South Umpqua School District 19. Nearby schools include Canyonville School, South Umpqua High School and Tri City Elementary School. 510 Northwest Geary Street is a 0-bed, 0-bath, multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oregon Life Homes

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 12/14/2024 12:26 AM